Parag Parikh Liquid Fund

An Open ended Liquid scheme. A Relatively Low Interest Rate Risk and Relatively low Credit Risk
FACT SHEET - JULY 2021

Name of the fund Parag Parikh Liquid Fund
Investment Objective To deliver reasonable market related returns with lower risk and high liquidity through judicious investments in money market and debt instruments. (Non Guaranteed)
Type of the scheme An Open-ended Liquid Scheme
Date of Allotment  May 11, 2018
Name of the Fund Managers  Mr. Raj Mehta - (Since Inception)
Month End Expense Ratio Regular Plan: 0.26%*
Direct Plan: 0.16%*
*Including additional expenses and GST on management fees. Total Expense ratio is as on last business day of the month
Benchmark Index CRISIL Liquid fund index
Additional Benchmark  CRISIL 1 Year T-Bill index
Minimum Application Amount New Purchase: 5,000
Additional Purchase: 1,000
Monthly SIP: 1,000

Assets Under Management (AUM) as on July 30, 2021
1,367.86 Crores
Average AUM for the Month
1,356.86 Crores

Net Asset Value (NAV) as on July 30, 2021
Plan
Direct
Regular
Growth
1165.2402
1161.3642
Daily Reinvestment of Income Distribution
cum capital withdrawal option
1000.5404
1000.5404
Weekly Reinvestment of Income Distribution cum capital withdrawal option
1001.3384
1001.3273
Monthly Income Distribution cum capital
withdrawal option
1003.3388
1003.3277

Dividend History - Monthly Income Distribution cum capital Withdrawal option
Direct
Regular
Record date
Retail
Corporate
Retail
Corporate
26th July 2021
2.54
2.54
2.46
2.46
30th June 2021
2.48
2.48
2.40
2.40
30th May 2021
2.96
2.96
2.86
2.86

Entry Load
Not Applicable
Exit Load
* For purpose of levying exit load, if subscription (application & funds) is received within cut-off time on a day, Day 1 shall be considered to be the same day, else the day after the date of allotment of units shall be considered as Day 1.

Average Maturity (Days)
44.41
Modified duration (Years)
0.1152
Yield to Maturity
3.34%
Macaulay Duration (Years)
0.1191
* Computed on the invested amount

Portfolio Disclosure
Debt and Money Market Instruments
Name
Rating
% of Net Assets
a) Treasury Bills
91 DAY T-BILL 07-Oct-2021
Sovereign
9.08%
91 DAY T-BILL 05-Aug-2021
Sovereign
7.31%
91 DAY T-BILL 13-Aug-2021
Sovereign
7.30%
91 DAY T-BILL 26-Aug-2021
Sovereign
7.29%
91 DAY T-BILL 02-Sep-2021
Sovereign
7.29%
182 DAY T-BILL 10-Sep-2021
Sovereign
7.28%
91 DAY T-BILL 16-Sep-2021
Sovereign
7.28%
91 DAY T-BILL 23-Sep-2021
Sovereign
7.28%
91 DAY T-BILL 14-Oct-2021
Sovereign
7.26%
182 DAY T-BILL 21-Oct-2021
Sovereign
7.26%
364 DAY T-BILL 19-Aug-2021
Sovereign
5.47%
91 DAY T-BILL 30-Sep-2021
Sovereign
5.45%
182 DAY T-BILL 28-Oct-2021
Sovereign
5.44%
b) Government Securities
8.66% State Government of Uttar Pradesh 21-Sep-2021
Sovereign
1.84%
c) Commercial Paper
National Bank for Agriculture and Rural Development 31-Aug-2021
A1+
0.36%
d) TREPS and Other Receivables and Payables
TREPS Including Net Receivables/Payables and Net Current Asset
6.34%
e) Fixed Deposits
FDR
0.47%
Net Assets
100.00%

Lumpsum Investment Performance (Compounded annual returns)
Scheme
Benchmark
Additional
Benchmark
Value of Investment of Rs. 10,000/-
Date
PPLF
(Regular)
CRISIL Liquid Fund Index
CRISIL 1 year
T-bill Index
PPLF (Regular)
CRISIL Liquid
Fund Index
CRISIL 1 year
T-bill Index
Since Inception (11 May, 2018)*
4.75%
5.74%
6.28%
11614
11971
12169
July 23, 2021 to July 30, 2021 (Last 7 Days)
3.04%
3.52%
6.78%
10006
10007
10013
July 15, 2021 to July 30, 2021 (Last 15 days)
3.17%
3.59%
6.85%
10013
10015
10028
June 30, 2021 to July 30, 2021 (Last 1 Month)
3.16%
3.56%
5.89%
10026
10029
10048
April 30, 2021 to July 30, 2021 (Last 3 Months)
3.11%
3.54%
3.93%
10078
10088
10098
January 31, 2021 to July 30, 2021 (Last 6 Months)
3.10%
3.63%
4.19%
10153
10179
10207
July 31, 2020 to July 30 2021 (Last 1 year)
3.03%
3.68%
3.78%
10302
10367
10377
July 31, 2018 to July 30, 2021 (Last 3 year)
4.65%
5.60%
6.41%
11459
11775
12048

*Since inception returns are calculated on Rs. 1000 (allotment price)
Note:
Different plans shall have different expense structures.
Scheme returns shown are for regular plan.
Past performance may or may not be sustained in the future.
Greater than 1 year returns are CAGR returns.
Data presented here is upto the last calendar month.
Less than 1 year returns are simple annualised returns.

Parag Parikh Liquid Fund

This Product is suitable for investors who are seeking*

  • Income over short term
  • Investments in Debt/money market instruments

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

We have our Skin in the Game
The combined holding of 'Insiders' in Parag Parikh Liquid Fund amounts to 35.73 Crores of AUM as at July 30, 2021. For more details please visit the 'Scheme' section of our website

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.